Index Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
S&P GSCI Zinc (CME:SPGSIZ)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPGSIZ
The long term trend has been DOWN since May 13th, 2019 at 203.6933
The intermediate term trend has been DOWN since Apr 16th, 2019 at 222.2396
The short term trend has been UP since Jun 24th, 2019 at 196.1725
Smart Scan Analysis for SPGSIZ
Based on a pre-defined weighted trend formula for chart analysis, SPGSIZ scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||283.2727||52wk High Date||2018-02-15|
|52wk Low||180.0282||52wk Low Date||2018-08-15|